Citic Pacific's Big Deal Gets 10 More Backers

HONG KONG—Hong Kong-listed Citic Pacific Ltd. has secured US$690 million from 10 new investors, including Internet giant Tencent Holdings Ltd., to help finance its $37 billion acquisition of the assets of its Chinese state-owned parent, Citic Group.

Shenzhen-listed property firm Oceanwide Holdings Co., Shanghai-listed garments-to-real estate conglomerate Youngor Group Co. and investment firms Trendfield Inc., out of Malaysia, and Kuok Singapore Ltd. are the top four investors, putting up a combined $400 million. Also among...